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D&D acts for Shell on 14% open market exit from Mahanagar Gas

Last April, Shell India had sold a 8.5% stake in MGL. A further 14% stake was sold in August, thus reducing its stake in the company from 32.5% to 10%.


Desai & Diwanji advised BG Asia Pacific Holdings Pte Ltd (i.e. Shell) led by a team of partner Natasha Treasurywala and associate Shreya Iyer.


Deal value: INR 11,784,167,359

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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